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BMW creates mini version of Art Car by artist Jeff Koons

Known for his whimsical sculptures, artist Jeff Koons is using his skills to create limited-edition BMW Miniature Art Cars instead of giant stainless-steel balloon animals. Famed artists such as Andy Warhol and Roy Lichtenstein have created their own BMW Art Cars, and Koons is just the latest in a line such works since Alexander Calder painted the first installment in the Art Car Collection in 1975 Adorned with bright streaks of color against a black background, the full-size vehicle competed in Le Mans in 2010. Miniature models are available now.

Volkswagen chief: No. 1 in the world by 2018

Volkswagen chairman Martin Winterkorn reaffirmed his company's ambitious and audacious goals on Wednesday night on the eve of the Paris motor show: pass Toyota and General Motors for the title of world's largest automaker in 2018. Winterkorn was the final speaker after an event that featured unveilings from each of the German conglomerate's brands. He said his company wants to record total sales of 10 million in eight years, which would vault it pass the current levels of global leaders Toyota and GM.

Exchange & Mart ceases publication

Well, in print, at least. When I was nowt but a lad, the only place to find a car for sale, beyond your local garage or local classifieds, was Exchange & Mart. It was the bible for the UK car buyer.